BetFair is world’s third most valuable Internet startup.

Posted on October 29, 2009 by Chris F. Masse
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The Silicon Alley Insider 50+ Top Ten:

1. Facebook

2. Wikipedia

3. Betfair

4. NewEgg

5. Craigslist

6. Mozilla

7. Yandex

8. Webkinz (aka Ganz)

9. GoDaddy

10. Demand Media

About Chris F. Masse

Founder and President of Midas Oracle
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2 Responses to BetFair is world’s third most valuable Internet startup.

  1. Niall O'ConnorNo Gravatar says:
    October 29, 2009 at 1:47 PM

    Once again the valuation that these bods have afforded to Betfair is too optimistic. I suspect that the figures are just plucked out of the air, with no regard to current valuations in the global gambling space.

  2. Chris F. MasseNo Gravatar says:
    October 29, 2009 at 5:25 PM

    They got corrected on the BetFair CEO name and the obsolete BetFair motto.

    Plus:

    QUOTE
    The valuation that you have afforded to Betfair is not consistent with the valuations that the market currently affords to the company’s traditional rivals; Ladbrokes and William Hill. Moreover, I would predict that Betfair is not immune from the recession that continues in most of its leading markets, and I would suggest that both your revenue forecasts and the multiple to revenue that you apply are overly optimistic.

    Yes, Betfair is a great company, but in order to get that point across why do you feel the need (again) to overplay things?
    UNQUOTE

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